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RENEW OCEANS INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
RENEW OCEANS INC (EIN 83-2435458)
Tax period
2020-04-01 to 2020-12-30
Filed
2021-11-08
IRS object ID
202113129349301921
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-08T10:07:13-06:00ReturnTs
Tax Period End2020-12-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560517823PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KOONCE WOOTEN & HAYWOOD LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 17806AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP276197806ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN832435458EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RENEW OCEANS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRENEBusinessNameControlTxt
Phone2152664237PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 381109 ATTN WHITNEY MASUAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11238ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWHITNEY MASULISPersonNm
Person TitleBOARD PRESIDENTPersonTitleTxt
Phone2152664237PhoneNum
Signature2021-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstWHITNEYPersonFirstNm
Person LastMASULISPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL MILLERPreparerPersonNm
PTINP00166372PTIN
Phone9197829265PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Final ReturnYes (X)FinalReturnInd
Principal OfficerWHITNEY MASULISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 381109 ATTN WHITNEY MASULISAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11238ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$303,111GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RENEWOCEANS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateUTLegalDomicileStateCd
Activity Or MissionRENEW OCEANS, INC. WORKED TO REDUCE OCEAN PLASTIC POLLUTION WHERE IT BEGAN-IN POPULOUS RIVER-ADJACENT COMMUNITIES IN THE DEVELOPING WORLD.ActivityOrMissionDesc
Contract TerminationYes (X)ContractTerminationInd
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$300,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$7,461PYInvestmentIncomeAmt
CY Investment Income$111CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$3,000CYOtherRevenueAmt
PY Total Revenue$7,461PYTotalRevenueAmt
CY Total Revenue$303,111CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$156,977PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$302,362CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$162,104CYTotalFundraisingExpenseAmt
PY Other Expenses$1,653,576PYOtherExpensesAmt
CY Other Expenses$3,177,100CYOtherExpensesAmt
PY Total Expenses$1,810,553PYTotalExpensesAmt
CY Total Expenses$3,479,462CYTotalExpensesAmt
PY Revenues Less Expenses-$1,803,092PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$3,176,351CYRevenuesLessExpensesAmt
Total Assets BOY$3,195,511TotalAssetsBOYAmt
Total Assets EOY$0TotalAssetsEOYAmt
Total Liabilities BOY$19,160TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,176,351NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$0NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionRENEW OCEANS, INC. WORKED TO REDUCE OCEAN PLASTIC POLLUTION WHERE IT BEGAN-IN POPULOUS RIVER-ADJACENT COMMUNITIES IN THE DEVELOPING WORLD. RENEW OCEANS WORKED TO DIVERT SIGNIFICANT AMOUNTS OF OCEAN-BOUND PLASTIC WASTE FROM POLLUTED RIVERS AND THEIR TRIBUTARY SYSTEMS BY INCREASING RECOVERY AND RECYCLING THROUGH INFRASTRUCTURE DEVELOPMENT FOR WASTE COLLECTION AND MANAGEMENT, INNOVATION TO MAKE COLLECTION EASIER AND CREATE VALUE FROM ALL POST-USE PLASTICS, AND ENGAGEMENT OF LOCAL COMMUNITIES TO MOBILIZE ACTION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$2,737,410ExpenseAmt
Revenue$3,000RevenueAmt
DescRENEW OCEANS WORKED TO DIVERT SIGNIFICANT AMOUNTS OF OCEAN-BOUND PLASTIC WASTE FROM POLLUTED RIVERS AND THEIR TRIBUTARY SYSTEMS BY INCREASING RECOVERY AND RECYCLING THROUGH INFRASTRUCTURE DEVELOPMENT FOR WASTE COLLECTION AND MANAGEMENT, INNOVATION TO MAKE COLLECTION EASIER AND CREATE VALUE FROM ALL POST-USE PLASTICS, AND ENGAGEMENT OF LOCAL COMMUNITIES TO MOBILIZE ACTION.Desc
Total Program Service Expenses$2,737,410TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate OperationsYes (1)TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document23IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MIN ZHANGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2152664237PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 381109 ATTN WHITNEY MASULISAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11238ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
WHITNEY MASULIS
PRESIDENT0.50Yes (X)Yes (X)$0$0$0
KANAKA PATTABIRAMAN
V.P. TIL JUL'20; SEC. BEGAN JUL'200.50Yes (X)Yes (X)$0$0$0
MIN ZHANG
SECRETARY/TREASURER0.50Yes (X)Yes (X)$0$0$0
SUMEET BHATTI BODINGTON
CHIEF DEVELOP. OFFICER TIL JUN'2040.00Yes (X)$101,077$0$0
ALYSON CULIN
INTERIM EXEC DIRECTOR BEGAN JUL'2032.00Yes (X)$0$0$0
ANDREW J SULLIVAN
CHIEF OF STAFF40.00$100,968$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$202,045TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CERIUS EXECUTIVES
PO BOX 102054PASADENACA911892054MANAGEMENT SERVICES$120,594
CAPLIN & DRYSDALE ATTORNEYS
ONE THOMAS CIRCLE NW STE 1100WASHINGTONDC20005LEGAL SERVICES$112,078
U-MA STUDIOS
1701 JACKSON STREET UNIT 501SAN FRANCISCOCA94109PROFESSIONAL MEDIA SERVICES$110,824
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
All Other Contributions$300,000AllOtherContributionsAmt
Total Contributions$300,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$111TotalRevenueColumnAmt
Exclusion$111ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$3,000TotalRevenueColumnAmt
Related Or Exempt Func Income$3,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$303,111TotalRevenueColumnAmt
Related Or Exempt Func Income$3,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$111ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$52,615TotalAmt
Program Services$21,046ProgramServicesAmt
Management And General$10,523ManagementAndGeneralAmt
Fundraising$21,046FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$227,733TotalAmt
Program Services$78,396ProgramServicesAmt
Management And General$73,260ManagementAndGeneralAmt
Fundraising$76,077FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$22,014TotalAmt
Program Services$6,790ProgramServicesAmt
Management And General$8,595ManagementAndGeneralAmt
Fundraising$6,629FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$140,593TotalAmt
Program Services$50,637ProgramServicesAmt
Management And General$89,956ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$302,206TotalAmt
Management And General$302,206ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$63,890TotalAmt
Program Services$5,865ProgramServicesAmt
Management And General$58,025ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$319,244TotalAmt
Program Services$256,091ProgramServicesAmt
Management And General$17,555ManagementAndGeneralAmt
Fundraising$45,598FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$15,750TotalAmt
Program Services$1,012ProgramServicesAmt
Management And General$2,035ManagementAndGeneralAmt
Fundraising$12,703FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,150TotalAmt
Program Services$4,150ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$451TotalAmt
Program Services$451ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,094TotalAmt
Management And General$2,094ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
REVERSION TO AEPW$2,162,667$2,162,667
REVERSION TO UNIV OF CA$120,599$120,599
POSTAGE & SHIPPING$24,666$23,982$684
DISSOLUTION & RELATED F$10,000$10,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$10,790TotalAmt
Program Services$5,724ProgramServicesAmt
Management And General$5,015ManagementAndGeneralAmt
Fundraising$51FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,479,462TotalAmt
Program Services$2,737,410ProgramServicesAmt
Management And General$579,948ManagementAndGeneralAmt
Fundraising$162,104FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,256,979BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,932,413BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,211BOYAmt
EOY$0EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,908BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,195,511BOYAmt
EOY$0EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$19,160BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,160BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,176,351BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,176,351BOYAmt
EOY$0EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,195,511BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$3,176,351ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$5,000,000CurrentTaxYearMinus2YearsAmt
Current Tax Year$300,000CurrentTaxYearAmt
Total$5,300,000TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$5,000,000CurrentTaxYearMinus2YearsAmt
Current Tax Year$300,000CurrentTaxYearAmt
Total$5,300,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$5,300,000PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$7,461CurrentTaxYearMinus1YearAmt
Current Tax Year$111CurrentTaxYearAmt
Total$7,572TotalAmt
FieldValueIRS element (for citing)
Total Support$5,307,572TotalSupportAmt
Gross Receipts Rltd Activities$3,000GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionSOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,RegionTxt
Offices1OfficesCnt
Employee34EmployeeCnt
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConductedTxt
Specific Services ProvidedRENEW OCEANS, INC. WORKED IN VARANASI, INDIA TO ENGAGE THIS RIVER-ADJACENT COMMUNITY AND IMPLEMENT TECHNOLOGIES THAT FACILITATE AND INCENTIVIZE THE COLLECTION AND RECYCLING OF PLASTIC WASTE IN ORDER TO DIVERT IT FROM ENTERING THE GANGES RIVER, A MAJOR SOURCE OF OCEAN-BOUND PLASTIC POLLUTION.SpecificServicesProvidedTxt
Region Total Expenditures$264,739RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees34SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee34TotalEmployeeCnt
Subtotal Spent$264,739SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$264,739TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule N IRS990ScheduleN

Liquidation Of Assets Table LiquidationOfAssetsTableGrp

Liquidation Of Assets Detail LiquidationOfAssetsDetail (12 entries)

Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDescDistributionDistributionDtFair Market Value Of AssetFairMarketValueOfAssetAmtMethod Of FMV DeterminationMethodOfFMVDeterminationTxtEINEINAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionTxtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
UNIV OF CALIFORNIA SANTA BARBARA
CASH2021-02-15$120,599REVERSION OF UNUSED FUNDS9560061453201 SAASBSANTA BARBARACA93106COLLEGE
ALLIANCE TO END PLASTIC WASTE INC
CASH2021-03-29$162,667REVERSION OF UNUSED FUNDS8324631791209 ORANGE STREETWILMINGTONDE19801501(C)(3)
NAGA RAMAKRISHNA RAO COMM
CASH2021-01-26$5,895HOURLY RATEINDIVIDUAL11-93 ADITYA NAGAR MORAMPUDI JUNCRAJAHMUNDRYIN533103
NAGA RAMAKRISHNA RAO COMM
CASH2021-02-24$1,488HOURLY RATEINDIVIDUAL11-93 ADITYA NAGAR MORAMPUDI JUNCRAJAHMUNDRYIN533103
NAGA RAMAKRISHNA RAO COMM
CASH2021-03-31$11,916HOURLY RATEINDIVIDUAL11-93 ADITYA NAGAR MORAMPUDI JUNCRAJAHMUNDRYIN533103
CAPLIN & DRYSDALE ATTORNEYS
CASH2021-02-23$30,752HOURLY RATE5212266291 THOMAS CIRCLE NW STE 1100WASHINGTONDC20005PARTNERSHIP
CERIUS EXECUTIVES
CASH2021-02-24$20,000HOURLY RATE274649529PO BOX 102054PASADENACA91189CORPORATION
HURWIT & ASSOCIATES
CASH2021-02-18$14,608HOURLY RATE0432269601150 WALNUT STREETNEWTONMA02461PARTNERSHIP
HURWIT & ASSOCIATES
CASH2021-03-17$7,422HOURLY RATE0432269601150 WALNUT STREETNEWTONMA02461PARTNERSHIP
HURWIT & ASSOCIATES
CASH2021-03-29$30,000HOURLY RATE0432269601150 WALNUT STREETNEWTONMA02461PARTNERSHIP
KOONCE WOOTEN & HAYWOOD LLP
CASH2021-03-29$35,500HOURLY RATE560517823PO BOX 17806RALEIGHNC27619LIMITED LIABILITY PARTNERSHIP
ALLIANCE TO END PLASTIC WASTE INC
CASH2021-03-29$10,000REVERSION OF UNUSED FUNDS8324631791209 ORANGE STREETWILMINGTONDE19801501(C)(3)
FieldValueIRS element (for citing)
Director Of Successor0DirectorOfSuccessorInd
Employee Of Successor0EmployeeOfSuccessorInd
Owner Of Successor0OwnerOfSuccessorInd
Receive Compensation0ReceiveCompensationInd
Assets DistributedYes (1)AssetsDistributedInd
Required To Notify AGYes (1)RequiredToNotifyAGInd
Attorney General NotifiedYes (1)AttorneyGeneralNotifiedInd
Liabilities PaidYes (1)LiabilitiesPaidInd
Bonds Outstanding0BondsOutstandingInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 3RENEW OCEANS, INC. CEASED OPERATIONS IN OCTOBER 2020 PARTLY BECAUSE OF CORONAVIRUS-RELATED SHUTDOWNS AND PARTLY BECAUSE OF OTHER IMPLEMENTATION CHALLENGES. RENEW OCEANS FILED FOR DISSOLUTION IN DECEMBER 2020.
FORM 990, PART VI, SECTION A, LINE 3THE ORGANIZATION USED A MANAGEMENT COMPANY, CERIUS EXECUTIVES, TO HIRE AN INTERIM EXECUTIVE DIRECTOR.
FORM 990, PART VI, SECTION A, LINE 4THE ORGANIZATION UPDATED ITS BYLAWS IN JULY 2020, WHICH REVISED THE NUMBER OF DIRECTORS ON THE BOARD FROM NO FEWER THAN THREE DIRECTORS TO BETWEEN THREE AND EIGHT DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED BY ALL BOARD MEMBERS PRIOR ITS FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS COMPLETED AND SUBMITTED THE CONFLICT OF INTEREST POLICY FORM ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD REVIEWED AND APPROVED THE COMPENSATION OF THE CHIEF DEVELOPMENT OFFICER BASED ON SALARY SURVEYS OF COMPARABLE NONPROFIT ORGANIZATIONS.
FORM 990, PART VI, SECTION C, LINE 19RENEW OCEANS, INC. MAKES ITS FORM 990, FORM 1023, BY-LAWS, AND CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST.
FORM 990, PART IX, LINE 11GPROGRAM TECHNICAL & COORDINATION SERVICES: PROGRAM SERVICE EXPENSES 229,131. MANAGEMENT AND GENERAL EXPENSES 11,305. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 240,436. MARKETING & COMMUNICATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 45,598. TOTAL EXPENSES 45,598. TECHNICAL CONSULTING: PROGRAM SERVICE EXPENSES 26,960. MANAGEMENT AND GENERAL EXPENSES 6,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,210.
FORM 990, PART IX, LINE 24EPROGRAM SITE CONSTRUCTION: PROGRAM SERVICE EXPENSES 4,128. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,128. BANK CHARGES AND FEES: PROGRAM SERVICE EXPENSES 30. MANAGEMENT AND GENERAL EXPENSES 3,114. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,144. PROGRAM EQUIPMENT: PROGRAM SERVICE EXPENSES 1,566. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,566. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,321. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,321. TAXES & LICENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 580. FUNDRAISING EXPENSES 51. TOTAL EXPENSES 631.